Azerbaijan has completely fulfilled its commitment to reduce the daily production by 20,000 barrels upon the agreement on the maintenance of the daily oil production capacity at 776,000 barrels. It should be noted that in January-October of the current year the average daily oil production made up 762 thousand barrels. Azeri crude oil is refined domestically at two refineries: the Azerineftyag (Baku) refinery, with a capacity of 230,000 bbl/d, and the Azerneftyanajag (New Baku) refinery, which has a capacity of 212,000 bbl/d. With domestic production topping out at 311,200 bbl/d in 2001 (and half of that exported as crude oil), Daily oil production in Azerbaijan made 793,000 barrels in January, including 720,000 barrels of crude oil and 73,000 barrels of condensate.

12 Nov 2019 In October, daily oil production in Azerbaijan amounted to 718,000 barrels, including 644,000 barrels crude oil and 74,000 barrels condensate. Chart and table showing yearly production of crude oil by country (Azerbaijan). Data obtained from the US Energy Information Administration. Azerbaijan consumes 96,000 barrels per day (B/d) of oil as of the year 2016. Azerbaijan ranks 81st in the world for oil consumption, accounting for about 0.1% of  12 Nov 2019 Azerbaijan's oil production amounted to 718,000 barrels in October 2019. Of these, 644,000 barrels were crude oil and 74,000 barrels -  Oil Production (in 1000 t.) Year, SOCAR, AZERBAIJAN. Show more. 2018, 7542, 38814. 2017, 7427.1, 38688.9.

Graph and download economic data for Crude Oil Production for Azerbaijan ( AZENGDPMOMBD) from 2000 to 2020 about Azerbaijan, crude, REO, oil, and 

2 Dec 2019 The refinery has a capacity of 130,000 barrels per day. Related News: Oil-fired electricity production to triple as dams  6 Dec 2019 3. Azerbaijan Oil and Gas Production Outlook to 2026. 3.1 Azerbaijan Crude Oil Production Outlook, 2016-2026. 3.2 Azerbaijan Natural Gas  Oil production in 2009 averaged 1.02mn barrels per day (b/d) for the first time. After the collapse of the Soviet Union, domestic crude oil consumption decreased   12 Apr 2019 According to the Ministry of Energy, the daily volume of oil exports from Azerbaijan in March 2019 amounted to 586 thousand barrels of crude oil (  26 Jan 2016 The average cost of oil production of the Azerbaijani national oil company Socar is $20 per barrel, while the government budget's breakeven  Crude Oil Production in Azerbaijan averaged 585.01 BBL/D/1K from 1994 until 2019, reaching an all time high of 1072 BBL/D/1K in June of 2009 and a record low of 168 BBL/D/1K in February of 1997.

Daily oil production for January in Azerbaijan became 769 thousand barrels. Some 678 thousand barrels of the production was crude oil, while 91 thousand barrels were condensate, Azerbaijani Energy Ministry told APA-Economics. Some 540 thousand barrel crude oil, 87 thousand barrel condensate, 22.3 thousand barrel oil products were exported daily.

The country's proven crude oil and gas condensate reserves stand at 2 Considering that the majority of Azerbaijani oil and gas production is offshore, an issue  27 Nov 2019 About energy balance of Azerbaijan in 2018 Crude oil (including gas condensate) extraction. Crude oil (including Production of natural gas. 2 Dec 2019 The refinery has a capacity of 130,000 barrels per day. Related News: Oil-fired electricity production to triple as dams  6 Dec 2019 3. Azerbaijan Oil and Gas Production Outlook to 2026. 3.1 Azerbaijan Crude Oil Production Outlook, 2016-2026. 3.2 Azerbaijan Natural Gas 

10 Jan 2020 Azerbaijan's average daily oil production at the Azeri-Chirag-Guneshli (ACG) block of fields in 2019 amounted to 535,000 barrels, BP-Azerbaijan 

10 Jan 2020 Azerbaijan's average daily oil production at the Azeri-Chirag-Guneshli (ACG) block of fields in 2019 amounted to 535,000 barrels, BP-Azerbaijan  6 Dec 2019 Azerbaijan has joined the new Agreement related to the reduction of production in additional volumes to support the global oil market regulation  15 Nov 2019 Daily average crude oil production in the third quarter of 2019 rose by 2016, Azerbaijan undertook to reduce daily output by 35.000 barrels. 11 Jan 2020 Azerbaijan's mainstay crude complex, ACG, produced 8.4% less crude in 2019 as the country's output decline appears to be accelerating, a BP  7 Nov 2019 THE AZERBAIJAN ECONOMY BY 2025: CRUDE OIL PRODUCTION AND PRICES IN THE WORLD Nijat HUSEYNOV. Article (PDF Available)  12 Feb 2020 GP: Oil production as sun sets. Oil production in Azerbaijan. Vostok Brent crude rose 55 cents, or 0.99%, to settle at $56.34 per barrel.

By Nargiz Ismayilova – Trend: The daily oil production in Azerbaijan amounted to 750,600 barrels (667,400 barrels – crude oil, 83,200 barrels - condensate) for February 2020, Trend reports referring to Azerbaijan’s Ministry of Energy.

Daily export of crude oil constituted 530,3 thousand barrels, while export of condensate and oil products accounted for 79,6 thousand and 12,4 thousand barrels respectively. Azerbaijan has completely fulfilled its commitment to maintain the daily production at 769,000 barrels.

Daily oil production for January in Azerbaijan became 769 thousand barrels. Some 678 thousand barrels of the production was crude oil, while 91 thousand barrels were condensate, Azerbaijani Energy Ministry told APA-Economics. Some 540 thousand barrel crude oil, 87 thousand barrel condensate, 22.3 thousand barrel oil products were exported daily. Azerbaijan, the oldest known oil producing region in the world, experienced an oil boom at the beginning of the 20th century and later served as a major refining centre in the former Soviet Union. Oil production peaked at about 500,000 barrels per day (bbl/d) during World War II, Azerbaijan produced 588,000 barrels of oil per day (b/d) from Azeri-Chirag-Gunashli block, BP report on 2017 year-end results reads. At the end of the year, 115 oil wells were producing, while 54 wells were used for gas and water injection. ACG participating interests are: BP (30.37 per cent), The petroleum industry in Azerbaijan produces about 873,260 barrels (138,837 m 3 ) of oil per day and 29 billion cubic meters of gas per year as of 2013. Azerbaijan is one of the birthplaces of the oil industry. Its history is linked to the fortunes of petroleum. The daily oil production in Azerbaijan amounted to 750,600 barrels (667,400 barrels – crude oil, 83,200 barrels - condensate) for February 2020 Azerbaijan consumes 96,000 barrels per day (B/d) of oil as of the year 2016. Azerbaijan ranks 81st in the world for oil consumption, accounting for about 0.1% of the world's total consumption of 97,103,871 barrels per day. Azerbaijan’s daily oil production grows March 11, 2019, 13:45 March 11, 2019 Azernews portal reports, with reference to the national Energy Ministry, that in February daily oil production in Azerbaijan amounted to 806K barrels, including 722K barrels of petroleum, and 84K barrels of condensate.